Thursday 14, May 2009 by

IFC investing $25 million in private-equity fund

The IFC, a member of the World Bank Group, said is investing $25 million in the MENA Joint Investment Fund, a $500 million fund that will provide private equity to businesses in Egypt and other countries in the region to help strengthen companies, spur economic growth, and create jobs.

Features & Analyses

Consumer Banking Preserving excellence

Speaking exclusively to Nabilah Annuar, Editor, Banker Middle East, Mubarak Abdullah Al-Khafrah, Chairman of Alawwal Bank discusses… read more